In the face of a complex and severe international environment, a series of policy measures to stabilize foreign trade and foreign investment have been strengthened and improved, and China's foreign trade has shown strong resilience, making positive contributions to stabilizing the overall macroeconomic market. On October 24, the General Administration of Customs released the import and export statistics of goods trade in the first three quarters. The data showed that China's foreign trade structure continued to optimize, and the total value of imports and exports with major trading partners increased. According to customs statistics, in the first three quarters of this year, China's import and export value of goods trade was 31.11 trillion yuan, a year-on-year increase of 9.9 percent. Among them, the export value was 17.67 trillion yuan, up by 13.8 percent; And imports were 13.44 trillion yuan, up by 5.2 percent.

In terms of major trading partners, in the first three quarters of this year, the total import and export value of China, ASEAN, the European Union, the United States and the Republic of Korea stood at 4.7 trillion yuan, 4.23 trillion yuan, 3.8 trillion yuan and 1.81 trillion yuan, respectively, up 15.2 percent, 9 percent, 8 percent and 7.1 percent year-on-year. Meanwhile, China's total import and export to countries along the Belt and Road reached 10.04 trillion yuan, up 20.7 percent. From the perspective of the main body of foreign trade, the import and export of private enterprises increased rapidly, and their proportion increased.

In terms of exports, in the first three quarters, China's exports of mechanical and electrical products and labor-intensive products all maintained growth, among which, the exports of automobiles, clothing and plastic products all achieved double-digit growth.

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